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Here is all the latest on how the COVID-19-induced economic crisis is unfolding.

By

Catherine Thorbecke

April 8, 2020, 1:56 PM
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The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling.
Here’s the latest news on how the COVID-19 crisis is affecting the economy. For more on financial resources available during the pandemic, click here.

Here’s how the day is unfolding. Please refresh for updates.
US financial markets see early gains
U.S. financial markets ticked up slightly at the start of Wednesday’s trading session.
The Dow Jones Industrial Average, S&P 500 and Nasdaq all saw gains of just over 1%.
Investors are welcoming some signs that the pandemic could be nearing its peak globally. China lifted the lockdown on Wuhan, the city where the first cases of the novel coronavirus emerged. Spain announced plans to gradually ease lockdown measures, with the country’s finance minister, Maria Jesus Montero, saying at a press conference Tuesday night that “citizens will be able to get back to their normal life” starting April 26.
The U.S. remains among the worst affected countries, with nearly 400,000 people diagnosed with COVID-19, according to data compiled by researchers at Johns Hopkins University.
Earlier in the week, authorities expressed hope that the rate of infections was possibly plateauing in some of the hardest-hit areas. In New York, the state most impacted by the virus, Gov. Andrew Cuomo said there was a “possible flattening of the curve” on Monday after the total number of hospitalizations, intensive care unit admissions and daily intubations were down.

The Centers for Disease Control and Prevention is considering changing its guidelines for self-isolation to make it easier for those who have been exposed to someone with the coronavirus to return to work if they are asymptomatic

By
ZEKE MILLER Associated Press

April 8, 2020, 1:07 PM
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WASHINGTON — The Centers for Disease Control and Prevention is considering changing its guidelines for self-isolation to make it easier for those who have been exposed to someone with the coronavirus to return to work if they are asymptomatic.
The public health agency, in conjunction with the White House coronavirus task force, is considering an announcement as soon as Wednesday, Vice President Mike Pence said.

Under the proposed guidance, people who are exposed to someone infected would be allowed back on the job if they are asymptomatic, test their temperature twice a day and wear a face mask, said a person familiar with the proposal under consideration. The person described the proposal on the condition of anonymity because the draft had not been finalized.
The new policy is aimed in particular at workers in critical jobs. But it also comes as the Trump administration is eyeing what it calls a “stabilization” in infection rates and looks toward rolling back some of the restrictive social distancing guidelines and restarting the nation’s stalled economy.
The proposed guidance would follow recommendations made by the CDC that eased self-isolation requirements for front-line medical workers who were exposed to the virus. Under CDC guidance, medical workers who have been exposed to the virus without protective equipment but who have no symptoms can return to work with a mask and temperature checks after 14 days.
Dr. Deborah Birx, a leader on the White House’s coronavirus task force, called the upcoming CDC guidance “a very important piece.”
“It looks at degree of exposure and really making it clear that exposure occurs within 6 feet for more than 15 minutes, so really understanding where you shouldn’t be within 6 feet of people right now,” Birx told CBS on Wednesday. “But if you’re in a work situation where you have to be, there will be a series of recommendations that if you had had a significant exposure of what specifically to do, and if you’ve had a less exposure what to do.”
Pence on Tuesday said the White House is focusing on the “point of need” for the current situation but also is operating on another track to consider future recommendations for the public.
“Some of the best minds here at the White House are beginning to think about what recommendations will look like that we give to businesses, that we give to states, but it will all, I promise you, be informed on putting the health and well-being of the American people first,” Pence said.
For most people, the new coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia, and death. In the United States, there have been about 400,000 cases and about 13,000 deaths.
In fashioning the recommendations, the administration appeared to be trying to balance political concerns about wanting to preserve as much normalcy as possible with public health concerns that some infections are being spread by people who seem to be healthy.

IRONWOOD – The Western Upper Peninsula Health Department reports no changes in confirmed COVID-19 cases. A total of 4 cases are confirmed with 3 in Gogebic County which is also the only county reporting a death due to the coronavirus. Just over 220 tests were completed with results pending on 57 tests. On Monday the […]

Ashland Police say the body of 43-year-old Bradley Mattson with ties to Ironwood was found in a ravine off industrial park road last Thursday by a passerby. Investigators haven’t released any other details including what killed Mattson or if foul play is being suspected. An autopsy was ordered but the results haven’t come back yet […]

DETROIT (AP) — Officials say Michigan deaths from the coronavirus rose 16% in the largest daily jump since the pandemic hit the state. The state reported 118 additional deaths related to the respiratory disease caused by the virus, raising the total to 845. The number of confirmed coronavirus cases rose 10% to nearly 19,000. Gov […]

RHINELANDER – DHS reports Wisconsin’s total number of confirmed COVID-19 cases jumped to about 2,600, along with almost 100 deaths.  Oneida County now has five confirmed cases of COVID-19, though health officials say only two out of the five cases had recently traveled out of the state.  Health officials in Oneida County are now thinking […]

ASHLAND, WI—An Ashland manufacturing company is switching gears during the COVID-19 pandemic to help produce personal protective equipment for area medical staff.  C.G. Bretting Manufacturing typically produces machines that are used to make paper products.  Now, they’re using their 3D printers to make face masks for Ashland’s Memorial Medical Center.  According to Paul Bretting, they’re […]

MADISON, Wis. (AP) — If Wisconsin was a test case for voting in the age of the coronavirus, the test did not go well for many voters. Thousands were forced to congregate for hours in long lines outside polling stations on Tuesday with no protective gear. Thousands more stayed home, unwilling to risk their health […]

Authorities in Tennessee say a man who fatally stabbed three employees and wounded a customer at a travel center was a truck driver from North Carolina

By
The Associated Press

April 8, 2020, 12:10 PM
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KNOXVILLE, Tenn. — A man who fatally stabbed three employees and wounded a customer at a Tennessee travel center before being killed was as a truck driver from North Carolina, authorities said.
The Knox County Sheriff’s Office responded to a call at the Pilot Travel Center off Interstate 40 around 7 a.m. Tuesday to find a person with stab wounds outside the store and Idris Abdus-Salaam, a 33-year-old from Durham, armed with a knife in the parking lot, the Tennessee Bureau of Investigation said in a statement.

A deputy shot and killed Abdus-Salaam after he refused demands to drop the weapon, the statement said.
Authorities found Pilot employees Joyce Whaley, 57, Patricia Denise Nibbe, 51, and Nettie R. Spencer, 41, with stab wounds and pronounced the women dead at the scene, according to the bureau.
The wounded customer remains hospitalized, according to the agency, which did not release their identity or condition.
Travel centers like Pilot offer gas, food, parking and other amenities to truckers and other travelers.
The deputy who fired the shot was not hurt, Knox County Sheriff Tom Spangler said. The officer was not identified.
The Tennessee Bureau of Investigation is reviewing the stabbing and the shooting of the suspect.

Authorities in Tennessee say a man who fatally stabbed three employees and wounded a customer at a travel center was a truck driver from North Carolina

By
The Associated Press

April 8, 2020, 12:10 PM
2 min read

2 min read
Share to FacebookShare to TwitterEmail this article

KNOXVILLE, Tenn. — A man who fatally stabbed three employees and wounded a customer at a Tennessee travel center before being killed was as a truck driver from North Carolina, authorities said.
The Knox County Sheriff’s Office responded to a call at the Pilot Travel Center off Interstate 40 around 7 a.m. Tuesday to find a person with stab wounds outside the store and Idris Abdus-Salaam, a 33-year-old from Durham, armed with a knife in the parking lot, the Tennessee Bureau of Investigation said in a statement.

A deputy shot and killed Abdus-Salaam after he refused demands to drop the weapon, the statement said.
Authorities found Pilot employees Joyce Whaley, 57, Patricia Denise Nibbe, 51, and Nettie R. Spencer, 41, with stab wounds and pronounced the women dead at the scene, according to the bureau.
The wounded customer remains hospitalized, according to the agency, which did not release their identity or condition.
Travel centers like Pilot offer gas, food, parking and other amenities to truckers and other travelers.
The deputy who fired the shot was not hurt, Knox County Sheriff Tom Spangler said. The officer was not identified.
The Tennessee Bureau of Investigation is reviewing the stabbing and the shooting of the suspect.